For the second time, Shawmut’s Rhode Island office has been named a Fastest Growing Company by Providence Business News. Celebrating its 20-year anniversary, Shawmut’s Rhode Island operation includes more than 100 employees, working with the most prestigious institutions and partners on the region’s most high-profile projects.
Excerpt from Providence Business News
Although employee-owned national construction management firm Shawmut Design and Construction has offices in Boston, Chicago, New York, Miami, Las Vegas and Los Angeles, its Providence location is just as mighty. Named fastest growing company by PBN in 2017 as well as 2019, the company continues to grow exponentially, while maintaining safety, sustainability and philanthropy as top priorities.
Shawmut’s Rhode Island office opened in 1999, and it is celebrating its 20th anniversary. The company has come a long way in the past two decades. It has achieved substantial financial and physical growth, reporting more than $100 million in revenue annually and retaining more than 100 employees. “In fact, Shawmut Rhode Island reported more than $169 million in revenue in 2018 alone—showcasing the firm’s incredible presence in the state,” said Ron Simoneau, Shawmut vice president.
Recent clients include prominent organizations such as Rhode Island School of Design, Brown University, Roger Williams University and Providence College. “Shawmut’s employees are energized at bringing our world-class client service experience to market, “Simoneau said. “Shawmut has played a critical part in Providence’s I-195 redevelopment, where the firm recently completed the Wexford Innovation Center, now called Point225, and River House apartments—transforming the former Jewelry District into an all-new vibrant Innovation and Design District.”
Some factors that have attributed to Shawmut’s growth are its employees, culture, leadership and approach. “At Shawmut, we build for the best—our employees deliver the most complex projects for the region’s most elite brands and institutions. So, our culture is designed to empower our people to do their best. As [a] 100% employee-owned company, our people are the owners. That means everyone here takes pride in being part of a talent-driven and leading-edge organization focused on delivering excellent client service—which ultimately serves our clients with the absolute best experience,” said Simoneau.
Shawmut provides top-of-the-industry benefits, including 100% company-paid health insurance, stock ownership plan, paid family leave, and Shawmut Flex, a unique program that allows the employee to work on their own terms. “Collectively, these factors make Shawmut a great place to work for and with—they allow us to attract and maintaining the best people in our industry, which in turn allows us to create world-class experience for our clients, which in turn makes our clients come back for more.”
Continue to Providence Business News’ Fastest Growing Companies profile here.